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Wednesday, July 9, 2025
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Business

Laos Launches Climate-Smart Farming Project in Six Provinces

Laos is stepping up efforts to tackle climate-related food insecurity and open new export opportunities, with USD 68.5 million in support from the Asian Development Bank (ADB) and partners to modernize agriculture in six climate-vulnerable provinces. The new Sustainable Agrifood Systems Sector Project, running from 2025 to 2030, will focus...

Laos-China Railway Hits New Milestone as Cargo Value Soars Past USD 1.4 Billion

The Laos-China Railway has notched up another milestone in its rapid expansion, transporting more...

Laos Proposes Tax Relief for Small Businesses Under Revised Income Tax Law

On 24 June, Laos proposed amending the Income Tax Law to exempt unprofitable small...

Oil Prices Spike After United States Strikes on Iran Nuclear Sites

AFP - Oil prices surged in early trade Monday on concerns of disruption to...

Vietnam Parliament Approves Raising Alcohol Tax to 90 Percent by 203

On 14 June, Vietnam’s parliament passed legislation to increase the special consumption tax on...

Laos to Develop E-Commerce Policies, Strategies for Local Enterprises

Recognizing the surging trend of online sales in Laos, the government has designated the strengthening of e-commerce as a key strategic development goal for...

Laos Plans Crackdown on Non-Compliant Crypto Firms

The Lao government has announced plans to take stern action against companies that fail to make progress or comply with agreements related to cryptocurrency...

Thailand Grants Stay Extension for Migrant Workers from Laos, Myanmar, Cambodia, Vietnam

In a recent move aimed at supporting migrant workers, Thailand has granted a stay extension to migrant workers from Myanmar, Laos, Cambodia, and Vietnam...

China Remains Top Investor in Laos, Minister Reveals

Chinese investors have engaged in over 900 projects across various sectors in Laos, totaling more than USD 13 billion. This establishes China, once again,...

Laos Records Seven Months of Trade Deficit in 2023, Totaling USD 675 Million

Laos has grappled with a trade deficit for seven of the first nine months of this year, totaling USD 675 million. Only in February...

Thailand Reduces Work Permit Fees for Employees from Laos, Cambodia, Myanmar, Vietnam

Thailand issued an official notice that set new fees for inspections and work permits for foreign workers from Laos, Cambodia, Myanmar, and Vietnam to...